Case Study: AXIS Capital accelerates core insurance processes with Profisee MDM

AXIS Capital accelerates core insurance processes with Profisee for 18 critical data domains

AXIS Capital, a global specialty insurer and reinsurer, faced challenges in streamlining operations and delivering reliable analytics due to inconsistent and siloed reference data across its various product lines and geographies. This lack of centralized control over critical data impeded corporate-level reporting and risked errors in core insurance processes like quoting and underwriting. To address this, AXIS partnered with Profisee for a master data management solution.

Profisee was implemented to provide centralized control and governance over reference data, starting with key areas like NAICS and SIC codes before expanding to underwriting codes and customer data. The solution accelerated core insurance processes, enabled the reliable analytics necessary for corporate reporting, and reduced risk. AXIS Capital continues to expand its use of Profisee to master additional data domains, providing leadership with the insights needed to adapt to the specialty insurance market.

AXIS Capital